34 Upper Spring Hill Rd - Hospitality FOR SALE


Newfane, VT 05345
$1,950,000 USD
802-279-4333
34 Upper Spring Hill Rd, Newfane, VT for Sale
$1,950,000 USD
Hospitality - FOR SALE
1/1
null | 8.47% Cap Rate

34 Upper Spring Hill Rd
Newfane, VT 05345


HIGHLIGHTS

  • Located within a few hours drive of the Boston, NYC and Montreal metro areas
  • Beautifully wooded trails for hiking and cross country skiing; swimming ponds
  • Separate massage studio that provides additional revenue

OVERVIEW

A successful, growing B&B business. Currently focused on the men's gay market. 25 acre, wooded property complete with recreational hiking/skiing trails, meadows and swimming ponds. Workshop getaways a growing market. Had an outstanding 2024 season!

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$513 USD /SF

# OF ROOMS

6

PRICE/ROOM

$325,000 {currency}

CAP RATE

8.47%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1996

PARKING SPACES

9

LAND DETAILS

LAND ACRES

25 AC

LAND SF

1,089,000 SF

ZONING

-

APN/PARCEL ID

429-134-10550

ASK ABOUT THIS PROPERTY

Tim PiperHearthside GroupMore Info
802-279-4333

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Tim PiperHearthside GroupMore Info
802-279-4333

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.